Bloomberg Singapore’s resilient labour market is starting to come under strain as the trade-reliant economy struggles in the face of global pressures. Retrenchments are rising, companies are more cautious raising wages, and it’s getting harder for those who lose their jobs to find new work. While the central bank is optimistic of some recovery in the economy in upcoming quarters, ...

Bloomberg Canaan Inc, the world’s second-largest maker of Bitcoin mining machines, filed for a US initial public offering. The Hangzhou, China-based company listed its offering size as $400 million in its filing with the US Securities and Exchange Commission. The amount is typically a placeholder that is likely to change. Canaan attempted a Hong Kong listing last year before letting ...

Bloomberg US index futures drifted lower and European stocks dropped as investors awaited a possible Federal Reserve interest-rate cut and some of the season’s biggest corporate earnings. Treasuries edged higher and most European bonds rose. Contracts on the S&P 500 nudged down a day after the US equity benchmark hit a record, and ahead of results from drug giants Pfizer ...